Senior Analyst, Tax Job Description
Senior Analyst, Tax Duties & Responsibilities
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Senior Analyst, Tax Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Senior Analyst, Tax
List any licenses or certifications required by the position: CPA, JD, PMP, US, SOX, MST, SUT, IPT
Education for Senior Analyst, Tax
Typically a job would require a certain level of education.
Employers hiring for the senior analyst, tax job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Taxation, Business, Education, Business/Administration, Economics, Law, Public Accounting, Accountancy
Skills for Senior Analyst, Tax
Desired skills for senior analyst, tax include:
Desired experience for senior analyst, tax includes:
Senior Analyst, Tax Examples
Senior Analyst, Tax Job Description
- Maintain supporting documentation and explanation of all major transactions
- Tax Compliance/Financial Reporting
- Preparation and review of tax reporting
- Maintain tax software (OneSource Tax Provision & OneSource Income Tax)
- Together with your colleagues ensure that the PMI Service Center Europe provides timely and accurate VAT reporting to the PMI business units in 24+ European countries
- Provide guidance and support to ERP (Enterprise Resource Planning) system modifications
- Act as a first line support for the accounting groups on VAT and advise on tax matters both during migration of activities after transfer of the accounting function to PMI Service Center Europe
- Conduct trainings to transfer your knowledge on VAT directive to the specialized accounting groups
- Perform periodic review of tax records, the VAT treatment of business flows, and support business during VAT audit
- Have possibility to actively participate in additional cross-functional projects
- Strong knowledge of general corporate income tax
- Complies with all Sarbanes Oxley requirements for function, update process maps as needed
- Prepare/review assigned US Tax Returns for domestic operations, consolidation and statements
- Solid knowledge of US tax concepts
- Excellent tax research skills using various tax services and sources such as CCH, RIA, BNA
- Be a part of the network of PMI tax specialists in Europe
Senior Analyst, Tax Job Description
- Manage a team of junior tax professionals and outside service providers
- Teaming with the International Indirect Tax, International Direct Tax, and Transfer Pricing teams on international tax projects
- Working closely with Legal, Accounting, Finance, and business teams to provide operational guidance and mitigate indirect tax risks
- Reviewing new business initiatives and contracts
- Tracking and communicating changes in indirect tax laws and regulations
- Assisting with international indirect tax audits/queries
- Assisting with internal audits and drafting/implementing tax policies and controls
- Prepare/review the U.S. compliance for international entities
- Review calculation of tax basis depreciation and fixed asset records necessary for the preparation of personal property and income tax returns
- Identify tax saving opportunities and propose and implement solutions
- Knowledge and use of multiple tax compliance/provision software systems – Thomson ONESOURCE TaxStream/GAM/Income Tax, Vertex, Corptax, or GoSystems
- Research and opine on complex tax technical issues
- Minimum of 2-3 year progressively responsible tax experience, preferably some international tax experience
- Preparation of certain tax accounting work-papers
- Preparation of tax provision and federal/state income tax returns (including estimated tax payments) using Thomson Reuters OneSource software
- Assist with global tax data gathering and reporting
Senior Analyst, Tax Job Description
- Preparation of monthly and annual income tax provision summaries, account reconciliations, and deferred tax analysis
- Assist in the preparation and maintenance of tax controls documentation
- Calculation of specific tax adjustments for the tax provision, including fixed assets and associated depreciation and gain/loss
- Assist in the tax accounting analysis of the implementation of foreign, domestic, and state tax planning strategies
- Assist with REIT compliance including asset and income qualifications, Form 1099 reporting and other matters
- Maintain regular updates on forecasted taxable income and dividend requirements
- Provide information for outside tax preparers to prepare US annual income tax returns
- Prepare estimated payment calculations for Form 1042 withholding tax returns, maintain required documents from foreign investors and assist with FATCA compliance
- Communicate with partners and shareholders on tax inquiries
- Help maintain tax records, filing systems and databases
- Four + years’ of Tax experience
- CPA or MST designation preferred
- Experience in commercial software development (tax software, user experience, user interfaces, ) preferred
- Minimum three years, recent experience in a professional tax services environment
- ASC 740 direct experience
- Minimum of 2 years in Public Accounting or Industry in area of Corporate and Multistate income tax
Senior Analyst, Tax Job Description
- Support quarterly tax provision by preparing M1 adjustments, including tax depreciation
- Assure the timely completion and remittance of tax filings in accordance with both internal and external deadlines
- Responsible for the necessary calculations supporting the tax filings for which detailed work papers and documentation are maintained to back-up such calculations
- Identify both issues and opportunities providing a resolution/recommendation to Tax Management
- Assure the timely completion of tax provisions in accordance with both internal and external deadlines
- Responsible for the necessary calculations, including (but not limited to) current calculations, deferred calculation roll forwards, effective tax rate reconciliations, tax account roll forwards, uncertain tax positions, , supporting the tax provisions (monthly/quarterly/year-end) for which detailed work papers and documentation are maintained to back-up such calculations
- Responsible for the necessary financial statement disclosures
- Responsible for the necessary calculations supporting the tax forecasts for which detailed work papers and documentation are maintained to back-up such calculations
- Guide Analysts in day-to-day execution of work activities
- Ensure that team members' work activities are accomplished to meet applicable due dates
- Complex Tax Role (Focusing on all aspects of Tax)
- Very Fun and Energetic Environment
- Bachelor’s degree with an in-depth knowledge of accounting, finance, or other business operations
- A detailed understanding of international reporting/compliance issues and experience in preparing Forms 5471 and other disclosure of international transactions is a plus
- Experience in researching and analyzing moderately complex tax issues and communicating the results both written and orally
- Ability to communicate complex and technical tax information, , present research findings to both internal and external parties
Senior Analyst, Tax Job Description
- Monitor, research, and review GAAP accounting literature, in concert with the Tax Department, relating to taxes issues to ensure proper disclosures in the financial statements and footnotes for quarterly 10-Q’s and annual 10-K’s filed with the SEC
- Responsible for domestic compliance calendar to ensure company compliance with US filing requirement for McDermott
- Responsible for the preparation of U.S. federal and state income tax returns and workpapers, tax provision, tax research and special projects
- Prepare federal and state income tax returns and tax extensions
- OneSource and BNA tax systems Administrator
- 15% - Prepare complex international forms including Forms 5471, 5472 and 8858
- 20% - Assist in the research of selected federal and state tax issues and compliance, including analysis of Schedule M computations, state tax nexus and related topics as assigned
- Preparation of federal and state returns for complex partnerships, corporations and REITs
- Estimated payments and partnership withholding tax calculations by state
- Information gathering and analysis for the general ledger and asset management systems including querying, asset uploads, data integrity and data management
- Proficiency in Microsoft office and knowledge of accounting/tax software
- Ability to analyze data, note issues and develop possible solutions to problems
- Ability to exercise independent judgment and decision making work in a team enviroment
- Exposure to international taxes a plus
- Must have a best practice / continuous improvement mindset
- Experience with CCH tax research tool and OneSource tax compliance software